Cut Congressional Pay by 3.1% says Congressman
Florida Congressman proposes to cut Congressional pay in response to 3.1% federal employee pay raise
Federal Employee Pay News
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
C Fund Up Again in November
The TSP’s C fund has been good to investors for two months in a row with a postive return of about 5.7% in November.
Market Turn: C Fund Zooms Up While the F Fund Goes Down
The stock market rebound in October 2002 is reflected in the results of the C fund. The F fund turned down slightly in response to pressure in the bond market.
Is the TSP’s F Fund a “Risky Investment”?
Several readers have asked FedSmith.com about the risks of investing in bonds. Our advice: Investing in a bond fund is necessary to have a diversified investment portfolio.
C Fund Skyrockets in October
The TSP’s C Fund had a positive return in October of more than 8%–the best return since the height of the bull market way back in 2000.
TSP C Fund Down for 7 of 9 Months But October is Looking Good
With the C Fund down more than 20% in the past twelve months, fund investors are looking for a respite. They may get one in October if the stock trend continues for the last several days of October.
TSP Common Stock Continues to Lose Ground: 10.87% for September
C Fund Loses about 11% in September
Update on Your C Fund Rate of Return
The S&P Index results are now available for the past month and the past quarter. The C Fund is based on this index so readers can get a close idea of how their fund is doing now.
OPM To Audit Health Care Costs
FEHB premiums continue to go up each year. The impact on retirees is significant and legislation is pending that may provide some relief. The long-term challenge to OPM will be to control costs and balance benefits.
